NU Online News Service, Oct. 28, 9:45 a.m. EDT

Arthur J. Gallagher reported net income increased 11 percent in the third quarter of this year, as organic growth showed positive trends.

The Itasca, Ill.-based insurance broker reported net income rose $4.6 million over the same period last year to $46.2 million, or 44 cents a share. Revenues for the quarter were up 5 percent, or $23.7 million, to $463.2 million.

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